Women entrepreneurs’ progress in the venturing process: the impact of risk aversion and culture

Autor: Andrea Calabrò, Linda F. Edelman, Alexandra Dawson, Daniela Gimenez-Jimenez
Rok vydání: 2020
Předmět:
Zdroj: Small Business Economics. 58:1091-1111
ISSN: 1573-0913
0921-898X
DOI: 10.1007/s11187-020-00435-8
Popis: We explore the gendered impact of risk aversion and country-level culture on nascent student entrepreneurs’ progress in the venturing process. Combining country-level cultural normative variables from the 2004 Global Leadership and Organizational Behavior Effectiveness (GLOBE) survey with data from the 2013/2014 Global University Entrepreneurial Student Spirit Study (GUESSS), our sample consists of 1552 nascent student entrepreneurs from 11 countries. We start with the assumption that perceptions of risk-taking behaviors are not gendered. We then split our sample, finding that, for women, perceptions of risk-taking behaviors are associated with less progress in the venturing process; however, starting a new venture in a socially supportive culture moderates that relationship. For men, neither risk-taking behavior nor country cultural variables are related to their progress in the venturing process. Our study highlights both the importance of country-level contextual variables in entrepreneurship and the need to employ a gendered perspective when studying nascent entrepreneurship.
Databáze: OpenAIRE
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